Change - Change in Corporate Information::Capital Injection in Subsidiary

Issuer

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED

Announcement Details

Announcement Title
Change - Change in Corporate Information
Date &Time of Broadcast
12-Jun-2019 17:42:03
Status
New
Announcement Sub Title
Capital Injection in Subsidiary
Announcement Reference
SG190612OTHRM02M
Submitted By (Co./ Ind. Name)
Ding Hui Yun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange Limited ("Company") wishes to announce that the Company has increased its investment in its wholly-owned subsidiary, Asian Gateway Investments Pte. Ltd. ("AGI") through the issue and allotment of 4,110,000 ordinary shares of S$1.00 each to the Company for a total cash consideration of S$4,110,000 ("Capital Injection"). The share capital of AGI has been increased from S$264,930,000 to S$269,040,000. The Capital Injection is to provide for additional working capital.

Following the Capital Injection, the Company continues to hold 100% of the entire issued and paid-up share capital of AGI.

The above Capital Injection was funded by internal resources and will not have any impact on the earnings per share and net tangible asset value per share of the Company for the current financial year.

None of the Directors of the Company has any interest, direct or indirect, in the above.


Issued By:
Singapore Exchange Limited

Place Of Incorporation

Existing
Singapore
New

Registered Address

Existing
New

Attachments